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Barchart
Barchart
Ebube Jones

Mobileye Stock Is Down Despite Strong Results as Its Founder Steps Down. View the CEO Switch as a Reset, Not a Red Flag.

Mobileye Global (MBLY) just delivered a solid second-quarter beat, yet the stock got crushed.

On July 23, 2026, the autonomous-driving pioneer posted second-quarter 2026 revenue of $508 million and $0.19 in adjusted EPS, both comfortably ahead of Wall Street expectations. Management even raised full-year guidance. On paper, it looked like a clean win. Then the shoe dropped.

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